If you are strapped for cash, the Roth IRA option may be a tougher commitment to make. The traditional IRA takes a smaller bite out of your paycheck because it reduces your overall tax liability for the year. Even if you feel that you have to forgo the Roth option for now, you might ...
A Roth 401(k) is an account funded with after-tax contributions; withdrawals are tax-free. Traditional 401(k)s allow pre-tax contributions & taxable withdrawals.